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Red Lobster - For Sale or Lease 1075 FM 802 7,984 SF Retail Building Brownsville, TX 78521 $4,092,359 CAD ($512.57 CAD/SF)
Investment Highlights
- Soon To Be Vacant Red Lobster | Upside Potential | 8,127 Square Foot Prototypical Red Lobster Situated On 1.27 Acres
- Prime Retail Corridor In Brownsville’s Primary Commercial Node | Located Along FM 802 (Ruben Torres Blvd), One Of Brownsville’s Highest-Traffic Retail
- High-Visibility Corner With Excellent Access & Signage | Freestanding Building On A High-Exposure Site With Multiple Access Points, Ample Parking,
- Ruben Torres Blvd Traffic Counts Exceed 39,029+ VPD | Visible From Interstate-63E (106,000+ VPD) | One Of The Primary North–South Corridors
- Strong Cross-Border & Trade-Driven Economy | Brownsville Benefits From A Growing Population, Cross-Border Commerce With Matamoros
- Outparcel To Sunrise Mall, A Dominant Regional Retail Destination Drawing Consistent Traffic From Across Brownsville And The Greater Rio Grande Valley
Executive Summary
Soon To Be Vacant Red Lobster | Upside Potential | 8,127 Square Foot Prototypical Red Lobster Situated On 1.27 Acres
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,984 SF
Building Class
B
Year Built/Renovated
1990/2013
Price
$4,092,359 CAD
Price Per SF
$512.57 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.81 AC
Zoning
C
Parking
68 Spaces (8.37 Spaces per 1,000 SF Leased)
Frontage
347’ on Ruben M Torres Blvd
Nearby Major Retailers
Property Taxes
| Parcel Number | 060250-0010-001000 | Improvements Assessment | $1,476,414 CAD |
| Land Assessment | $456,110 CAD | Total Assessment | $1,932,524 CAD |
Property Taxes
Parcel Number
060250-0010-001000
Land Assessment
$456,110 CAD
Improvements Assessment
$1,476,414 CAD
Total Assessment
$1,932,524 CAD
Contacts
-
Deno Bistolarides -
Brent Hanna -
Nick Yaldo -
Encore Real Estate Investment Services
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Red Lobster - For Sale or Lease | 1075 FM 802
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